Wednesday, May 22, 2024

BANKING

Paytm, the Indian fintech pioneer, signalled job cuts and asset trimming after reporting its first sales decline on record due to a regulatory probe. The company's net losses surged to 5.5 billion rupees, with revenue dropping by 2.6%. Paytm aims to recover by streamlining operations and focusing on core businesses.

from Banking/Finance-Industry-Economic Times https://ift.tt/71Rro8v
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